Seller agrees to save and hold harmless Buyer from and against any and all federal, state,
municipal and local license fees and taxes of any kind or nature, including, without limiting the
generality of the foregoing, any and all excise, personal property, use and sales taxes, VAT,
stamp, withholding, and from and against any and all liabilities, obligations, losses, damages,
penalties, claims, actions and suits resulting therefrom and imposed upon, incurred by or
asserted against Buyer as a consequence of the sale of the Aircraft to Buyer.